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31149784
31149785

944 Fulton St, Brooklyn, NY 11238

AB
NY 10311210512, NJ 2293263
Wingate Advisors
Listed by Wingate Advisors
$5,000,000
81 days on market
Updated 53 days ago

944 Fulton St

Details
Property Type Retail, Multifamily (+1)
Sub Type Storefront, Apartment Building
Square Footage 4,800
Net Rentable (SqFt) 5,500
Cap Rate 6.3%
NOI $315,000
Occupancy 100%
Price per SqFt $1,042
Investment Type Stabilized

944 Fulton Street, a four-story mixed-use property l 6.30% CAP | 4,800 SqFt

Investment highlights

Wingate Advisors is pleased to present 944 Fulton Street, a four-story mixed-use property located in one of Brooklyn’s most desirable and rapidly appreciating neighborhoods, Clinton Hill.

This turn-key building consists of a ground-floor commercial space plus three free-market residential units. Each apartment is a full-floor, loft-style three-bedroom layout featuring high ceilings, excellent natural light, oversized windows, and recent upgrades including intercom and security improvements. All units are currently leased at market rents, providing stable in-place income.

The commercial space has been fully renovated while preserving much of its original character, making the property attractive to both investors and owner-users.

The building also offers additional development potential due to unused FAR following recent zoning changes. Nearby condominium conversions along Fulton Street have achieved record pricing, highlighting the continued growth and strong demand in the Clinton Hill / Fort Greene corridor.

The location provides excellent access to transportation, including the C train just two blocks away and Atlantic Terminal, offering multiple subway lines and Long Island Rail Road service. The property is also in close proximity to Pratt Institute, Downtown Brooklyn, Barclays Center, and numerous retail and dining destinations.

Full setup available upon request, including financials, floor plans, and lease information. Fulton Street, a four-story mixed-use property l

Listing Contacts

AB
NY 10311210512, NJ 2293263
Wingate Advisors
Listed by Wingate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$315,000.00
$26,250.00/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

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Additional Information

Name
Ariel Ben Ezra
License
10311210512
Brokerage
wingate advisors
Brokerage Address
535 5th Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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